The blockchain will help retailers in two key ways, by providing greater transparency to customers and by giving customers more control over their loyalty programs.
One company is using an integrated display that can detect restroom sink users and display content while they wash their hands. It also uses blockchain tech to confirm the user impression and provide valuable analytics.
Let's take a look at what blockchain is and how it can help transform the digital signage industry.
Walmart, one of America's most powerful food companies, has been advocating for a new food safety solution built on the promise of the next great technological breakthrough — blockchain technology.
Supply chains can be a pain to manage. Blockchain technology can help reduce the risk of fraud and boost efficiency in the supply chain.
World of Money will provide a singular source of information for professionals working in businesses that operate within the larger sphere of financial systems as those systems — and the technologies, currencies, payment methods and trends that drive them — continue to evolve.
It appears that many businesses are doing all they can to become more socially responsible. Blockchain technology can help companies report on their sustainable development goals, as well as their carbon disclosure with added accuracy and reliability.
One blockchain solution aims to address the need for transparency in the diamond industry by tracking the precious metal from mine to market.
Blockchain, blockchain, blockchain...the word is almost inescapable in today's media frenzied world. The technology has the capability to bring enormous changes to the way global business is conducted, but how will it affect outdoor advertising?
Sweetbridge aims to improve the way that companies do business by increasing the amount of working capital and available resources, promoting fair and moral practices, and encouraging economic participants to act responsibly.
The winter of 2018 is behind us and spring has arrived. Readers of Blockchain Tech News weren't napping through Q1, though. They devoured stories on quantum computing, the role of blockchain in financial services and digital signage, and a KYC-AML use case.
Professionals in the technology or banking industries will have heard about bitcoin and blockchain by now. But they might not understand the distinction between the two. A recent webinar explained the difference — and outlined the likely future of each technology.
Large corporations such as IBM and Walmart are developing blockchain solutions that solve many issues with fraud. But, the blockchain is not a perfect tool, and without multifactor authentication, it is vulnerable to attacks.
Bitcoin and mobile wallets have the same issue essentially. While they are interesting tools, customers don't see a reason why they need to use them.
Marijuana is now legal in several states, but financial institutions currently do not allow their credit or debit cards to be used for purchasing cannabis. Thus, kiosk manufacturers are turning towards cash management solutions and bitcoin to provide secure payments for cannabis retailers.
Widespread uptake of bitcoin still sits off on the horizon, but some think that bitcoin ATMs could pave the road to Main Street.
"I anticipate significant developments in the use of bitcoin as well as the bitcoin ATM industry during the next three to five years," says Sam Ditzion of Tremont Capital Group.
Execs from Overstock.com, Massachusetts Division of Banks headline speaker lineup for Virtual Currency Today Summit
Conference, held April 29 in Boston, will explore the growing trend of consumers using bitcoin and other virtual currencies as a method of payment.
Most small and midsized companies are not ready, reports Software Advice; nor are major accounting-software suppliers taking bitcoin seriously.
"In a new area like this, with very complex issues, it's very important for regulators to listen and see where the regulations makes sense -- and course-correct where necessary."